 |
| Alexandra Lalos |
MIAMI, FL – January 14, 2019 – Holliday
Fenoglio Fowler, L.P. (HFF) announces the $48.65 million sale of the Pullman
Miami Airport, a 281-room, full-service hotel located within the
prestigious Blue Lagoon Office Park in Miami, Florida.
 |
| Tony Malk |
Originally constructed in 1986, Pullman Miami Airport underwent a
multi-million-dollar renovation in 2016 that converted the hotel from a Sofitel
to a Pullman.
The hotel features 18,500 square feet of indoor and outdoor
meeting and event space; an outdoor pool; tennis courts; fitness center;
business center and two food and beverage outlets, La Riviera and Le Bar.
Pullman Miami Airport is located at 5800 Blue
Lagoon Drive and sits on a prime 10-acre site within the Blue Lagoon Office
Park, a 1.6 million-square-foot park home to Fortune 500 brands like Burger
King, Visa, Sony, Hasbro, Pepsi and FedEx.
 |
| Daniel C. Peek |
The HFF investment advisory team representing the seller
included director Alexandra Lalos, managing director Tony Malk
and senior managing director and head of HFF’s hotel group Daniel C. Peek.
The HFF Hotel Team continues to be active in the
South Florida hotel market, having recently advised on the sales of the Element
Miami Airport and the Holiday Inn Express & Suites Marathon and the
refinancings of the Four Seasons at the Surf Club and the JW Marriott Marquis
Brickell.
“After experiencing a ‘mini cycle’ in Miami,
where RevPAR declined and was stagnant during 2016 and 2017, respectively, as a
result of the effects of the Zika virus, global currency fluctuations and the
Miami Beach Convention Center under renovation, Miami has rebounded with force,”
Lalos said.
“Through November 2018, Miami was the No. 2 fastest-growing RevPAR
market in 2018, according to STR, second only to Minneapolis, which hosted the
Super Bowl in 2018.”
“The strength of the South Florida lodging
market is attracting new international sources of capital, including L+R, who
are making their first hotel investment in Miami with the Pullman,” Malk added.
 |
| British Livingstone Brothers, Richard (left) and Ian |
L+R is a property company based in London, UK, and is regarded as one of the largest privately held property companies in Europe.
Founded in 1987 by brothers Richard
and Ian Livingstone, L+R has business interests in over eight countries,
with offices in London and Panama City.
L+R has an extensive hotel portfolio, with more than 17,000 rooms
including iconic luxury hotels, full-service hotels, branded hotels and resorts
in the Caribbean and Europe and a 47-select service hotel portfolio.
L+R’s hotel investments include
the London Hilton on Park Lane, Trafalgar Hilton, Cliveden Hotel, Nobu Ibiza,
Chewton Glen, Fairmont Pavilion, Barbados, Marriott Grand Cayman, Hotel MdR, in
California and the Fairmont, Monte Carlo.
L+R’s worldwide investment and development programme is in excess
of £9.0 billion. Learn more at http://lrp.co.uk/hotels.
CONTACTS:
ALEXANDRA
LALOS
FL
Lic. #SL3361476
HFF
Director
(305)
448-1333
TONY MALK
HFF Managing Director
(310) 407-2100
KIMBERLY STEELE
HFF Digital Content/Public Relations Specialist
(713) 852-3420
1 comment:
SEDANS
ACRISS Code: ICAR
Including: Chevrolet Cruze, Kia Forte or similar.. More information read here: age to rent a car in florida . minimum age to rent a car in florida
Post a Comment